BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco BBVA Argentina S.A. (BBAR) on Wednesday reported fourth-quarter earnings of $37.5 million.
The Buenos Aires, Argentina-based bank said it had earnings of 18 cents per share.
The financial holding company posted revenue of $1.25 billion in the period. Its revenue net of interest expense was $683.6 million, topping Street forecasts.
For the year, the company reported profit of $204.2 million, or $1 per share. Revenue was reported as $2.86 billion.
Banco BBVA shares have declined 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.18, a decrease of 23% in the last 12 months.
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